Exhibit 99.14

                          Independent Auditors' Consent



To the Shareholders and Board of Directors of
Smith Barney Investment Funds Inc.,

We consent to the incorporation by reference, of our report dated June 12, 2000
with respect to the Smith Barney Hansberger Global Value Fund and the Smith
Barney Hansberger Global Small Cap Value Fund of Smith Barney Investment Funds
Inc. (the "Fund"), in the Registration Statement on Form N-14 for the Fund and
to the references to our firm under the headings "Synopsis" and "Representations
and Warranties" in the Proxy Statement/Prospectus.

                                                                  /s/ KPMG LLP
                                                                  KPMG LLP


New York, New York
September 15, 2000